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1999 World Forum on Newspaper Strategy

"The Roads to Growth"

22-23 September, Chateau de Bellinglise, Compiegne, France

55 Presidents, CEOs, Publishers and other senior executives meet to discuss strategies for the future of the newspaper industry.

Summaries of Presentations

The following are summaries of presentations at the WAN/IFRA World Forum on Newspaper Strategy. These summaries are posted each day. Please check back later for the most recent updates.

For more information -- including WAN's soon-to-be-published Forum Report -- contact Joanna Blot, WAN, 25 rue d'Astorg, 75008 Paris France, Tel: +33 1 47 42 85 00, Fax +33 1 47 42 49 48. E-mail: joanna@wan.asso.fr

+ Click here for summaries of Wednesday 22 September presentations.

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Presentations, Thursday 23 September 1999

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POSTED 10:43 GMT, 23 SEPTEMBER

"Territorial Expansion and Diversification: The Experience of Grupo Correo"
Fernando Berridi, Director General, El Diario Vasco

Grupo Correo is the number one newspaper group in Spain in terms of distribution and audience ranking, but getting there was a long climb, said Mr. Berridi.

"Many obstacles had to be overcome: fragmentation, technological anachronisms, restrictive press laws and economic problems," he said. "All this forged a team of highly professional and technologically advanced journalists and managers with an independent informative style and an enterprising turn of mind, allowing them to look at year 2000 optimistically."

In his detailed case study, Mr. Berridi focused on the group's strategic planning from Spain's transition to democracy in the 1970s to the present and beyond.

Newspapers in Spain's Basque Country faced intense competition during the transition to democracy -- seven new dailies emerged and 10 disappeared, Mr. Berridi said. At the end of the 1970s, two titles that would later be central to the yet-to-be-formed Grupo Correo emerged as the top titles in the region -- El Diario Vasco and El Correo.

The business surplus generated by the newspapers' was reinvested in technology and an expansion plan based on geographical decentralisation. Financial surpluses were put into an investment trust called COMECOSA, which acquired even more newspapers.

By 1995, when Grupo Correo was official launched, there were 10 newspapers in the Group and it had already taken its first steps into diversification into other media. During the second half of the decade, the Group had become a true multimedia company with expansion into the magazine, radio, television, distribution, telephone and cable sectors.

Two commercial decisions were key, Mr. Berridi says: the introduction of a flat rate, enabling the Group to contact advertising for its 10 newspapers; and the creating of a commercial utility company to develop the commercial, marketing and promotional capacity of the Group's members. Expansion into Latin America is the next step in the strategic plan.

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10:30-12:00 Workshops

12:00-12:30 Plenary discussion

14:00-15:00 Growing the print product

Martine Macquin, Group Research Director, Le Monde; Gérard Morax, Group Communications Director, Le Monde

15:00-15:45 Media ‘Megatrends’

Speaker: Charlene Li, Senior Analyst, Forrester Research, USA

16:00-17:15 Workshops

17:15-17:45 Plenary discussion

17:45-18:00 Chairman’s conclusions

18:00 Forum adjourns

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For more information -- including WAN's soon-to-be-published Forum Report -- contact Joanna Blot, WAN, 25 rue d'Astorg, 75008 Paris France, Tel: +33 1 47 42 85 00, Fax +33 1 47 42 49 48. E-mail: joanna@wan.asso.fr

 

 
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